Skip to main content

LCCI and ACCA collaborate to boost SMEs in Pakistan

               

Lahore Chamber of Commerce & Industry (LCCI) and ACCA (the Association of Chartered Certified Accountants) signed a Memorandum of Understanding (MoU) with a shared goal of advancing financial literacy among small and medium-sized enterprises (SMEs).

The MoU was signed by President LCCI, Kashif Anwar and ACCA’s Head of Pakistan, Assad Hameed Khan. ACCA President, Joseph Owolabi, and senior management of both the organisations were also present at the signing ceremony.


The agreement sets out to raise awareness, build capacity, and enable knowledge exchange among SME professionals and entrepreneurs. Both organisations will support initiatives to enhance financial literacy and help build a robust tax culture.

At the signing ceremony, LCCI President, Kashif Anwar, said: ‘I would like to congratulate not only LCCI and ACCA, but also all stakeholders, the business community, and member organisations on the signing of this agreement. It will strengthen the existing collaboration between LCCI and ACCA and support the LCCI member organisations with their capacity building needs, particularly around taxation and financial acumen.’

ACCA president, Joseph Owolabi, commented: ‘We’re delighted to formalise our partnership with LCCI and support capacity building in Pakistan’s SME sector. We’re committed to providing SMEs with the necessary tools and skills to navigate the complex financial landscape and make informed decisions underpinned by effective governance and driving sustainable growth. I’m certain the cooperation between ACCA and LCCI will bring positive change.’

Assad Hameed Khan, Head of ACCA Pakistan, added: ‘This partnership has the potential to serve as a platform for SMEs to upskill and bolster their vital contribution to Pakistan’s economy. We believe this collaboration will extend more opportunities for SMEs, benefiting businesses, individuals and the entire economy.’

Comments

Post a Comment

Popular posts from this blog

realme Unveils its Production Process to its Community with a Visit to its Assembly Plant in Pakistan

         realme’s Fan Meet up started with an informative factory visit and ended with thrilling rounds of bowling   Behind every successful business there is an army of loyal fans lending their support for its endeavors. For realme, the strong presence of its fans has always been felt in every step of the journey to grow to the heights that the smartphone brand has reached now. realme aims to maintain a certain level of transparency with its community of fans. Having them be aware of how realme operates, what goes into the making of realme devices, as well as realme’s core values is highly important in developing the tech democratizer’s relationship with its fan community.   For this reason, realme decided to pull back the curtain on Wednesday, 10 th  August 2022 during its 828 Fan Fest celebrations and took a group of select fans to their assembly plant on the outskirts of the city of Lahore. This inside look was followed by an exciting hi-tea a...
Post a Comment
Read more

Standard Chartered Bank and Haball Enter a Corporate Alliance Agreement to Digitize Value Chai

Standard Chartered Bank Pakistan Limited (SCBPL) once again combines its international expertise in digital space with its local knowledge to bring together a unique offering unlike any in the market. SCBPL has entered in a partnership with Haball, Pakistan’s first B2B Fintech with the aim to digitise supply chain collections for its clients and bring efficiencies in clients’ business processes. SCBPL recognises that digital connectivity is a catalyst for business growth. Through partnerships, deals and collaboration, SCBPL will continue to invest in and accelerate digital offerings, working hand-in-hand with leading fintech innovators to foster fresh ideas throughout the markets. The collaboration aims to build an enabling environment to increase the uptake of digital payments using institutional vehicles. This will create digital financial inclusion in the distribution and retail space in Pakistan. Haball is the first Fintech in Pakistan to be associated with SCBPL, supported by a go...
Post a Comment
Read more

LONGi Pakistan's Ramadan Initiative Illuminates Communities in Pakistan

As part of its ongoing commitment to social responsibility and community welfare, LONGi Pakistan, a leading Solar Technology Company, has launched a special Ramadan campaign in Pakistan. During the Holy month of Ramadan, LONGi Pakistan has been dedicated to providing free meals to communities in need, demonstrating its steadfast support for the local populace. Recognizing the importance of extending a helping hand during Ramadan, LONGi Pakistan initiated a social welfare donation campaign aimed at providing essential sustenance to approximately 500 individuals across Pakistan. The campaign underscores LONGi Pakistan's dedication to not only revolutionizing the energy sector but also fostering meaningful connections with communities. In collaboration with local partners, LONGi Pakistan organized Iftari events in Sukkur and Peshawar, where 250 people were provided with nourishing meals in each city. These events served as a testament to LONGi Pakistan's commitment to making a...
Post a Comment
Read more